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NEXX, a logistics AI (artificial intelligence) company, in association with Zipto Supply Chain, a leading Chinese cross-border E-commerce logistics provider, is expanding into Qatar market as it establishes advanced smart fulfillment center at Milaha Logistics City, Qatar, to enhance cross-border E-commerce logistics capabilities in the region.In this regard, NEXX officially announced strategic partnerships with Zipto Supply Chain and Middle East delivery leader iMile, during the Belt and Road Summit held in Hong Kong."Together with Zipto's expertise in Chinese market access and iMile's last-mile excellence, powered by our AI-driven fulfillment center, we are positioned to transform the region's logistics landscape and revolutionise service standards in this sector," said Hui Ka, Oscar, chief executive officer of NEXX.Operated jointly by NEXX, Milaha and Hong Kong E-commerce logistics company KEC, the 5,000sqm smart fulfillment center is equipped with an agentic AI management system, automated sorting robots, and pharmaceutical logistics certification.It offers end-to-end warehousing and fulfillment services tailored for cross-border B2C E-commerce customers. The center also supports B2B operations and features a bonded warehouse. It is scheduled to commence full operations in the fourth quarter of this year.On NEXX's strategic partnership with Zipto to expand into the Qatar market, this partnership will see Zipto utilise the former's advanced smart fulfillment center as its primary Qatar operational base, harnessing the facility's sophisticated automation capabilities to serve Chinese E-commerce businesses expanding into the Qatari market, with planned subsequent expansion into the UAE.In a complementary agreement, NEXX has partnered with iMile, which will establish its Qatar headquarters within NEXX's smart fulfillment center, utilising the facility's intelligent logistics infrastructure to enhance and expand its delivery services across the country through integrated technological solutions."We are pleased to support NEXX and its partners Zipto and iMile as they bring innovative logistics solutions to Qatar. Our commitment to fostering international collaboration and sustainable business growth is strengthened by these important partnerships, which will position Qatar as a central player in the region's E-commerce landscape," said Sheikh Ali Alwaleed al-Thani, chief executive officer of Invest Qatar.NEXX had recently announced a strategic investment from Rasmal Ventures — the first independent venture capital fund supported by the Qatar Investment Authority (QIA). It disclosed that Ibrahim al-Derbasti, executive vice president of Offshore and Marine at Milaha, as co-founder of NEXX Middle East.

Oil prices held steady in early trade on Tuesday after rising in the previous session, as market participants contemplated potential supply disruption from Russia. Brent Crude futures edged up 4 cents to $67.48 a barrel, while US West Texas Intermediate crude was at $63.32, up 2 cents. On Monday, Brent settled up 45 cents at $67.44 while WTI settled 61 cents higher at $63.30.

HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi, also the President and CEO of QatarEnergy and Patrick Pouyanné, Chairman and CEO of TotalEnergies, met in Baghdad on Sunday Mohammed Shia al-Sudani, Prime Minister of Iraq, to announce the start of construction of the Common Seawater Supply Project (CSSP) and Phase 2 of the Artawi Oil Field Redevelopment project (Artawi Phase 2 Project).The two projects represent the final major components of Iraq’s Gas Growth Integrated Project (GGIP), a multi-phase initiative aimed at enhancing the country’s energy infrastructure, currently being developed by the GGIP partners: QatarEnergy (25%), TotalEnergies (45%, operator), and Basra Oil Company (30%).The signing took place during a special ceremony held under the patronage of Mohammed Shia al-Sudani and attended by HE al-Kaabi, Hayyan Abdul Ghani al-Sawad, Iraqi Deputy Prime Minister for Energy Affairs and Minister of Oil, and senior Iraqi officials and executives from the three project partners.At the same ceremony, QatarEnergy and its partners, TotalEnergies and Basra Oil Company, signed a joint statement with the Government of Iraq, represented by al-Sudani, and the Iraqi Ministry of Oil, represented by al-Sawad regarding the GGIP, to reaffirm the strong partnership between the parties and their joint commitment to the successful execution of the various projects comprising the GGIP.Commenting on the occasion, HE al-Kaabi said: “This milestone marks a pivotal step in our shared journey with Iraq toward energy resilience and sustainability. The launch of the CSSP and the Artawi Phase 2 Project reflects our deep commitment to Iraq’s energy sector and economic growth.”HE al-Kaabi added: “We are proud to collaborate with TotalEnergies and Basra Oil Company on this transformative initiative, and we extend our sincere appreciation to the Iraqi leadership and authorities for their continued support and partnership in making this vision a reality.”The CSSP will process and transport 5mn barrels of seawater per day to the main oil fields in southern Iraq. It will significantly reduce freshwater abstraction from the Tigris and Euphrates rivers, helping alleviate regional water stress and support agricultural sustainability.By freeing up 250,000 cubic metres of freshwater daily, the project contributes to Iraq’s long-term water security. The plant will be operated by the Basra Oil Company.The Artawi Phase 2 Project will increase oil production from the Artawi field to 210,000 bpd starting in 2028. Upon completion, the project will position Artawi as one of Iraq’s lowest-emission oil production sites.With total investments exceeding $13bn, the GGIP is designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply.It comprises a number of mega-projects for the recovery of gas that is currently flared at three oil fields in southern Iraq to supply electric power plants, the redevelopment of the Artawi oil field, the construction of a 1 GWac (1.25 GWp) solar farm and for the treatment of significant quantities of seawater to be used for pressure maintenance in a number of oil fields.

Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation, have officially opened a new regional logistics facility at Ras Bufontas Free Zone, marking a significant step in Qatar’s emergence as a leading hub for global trade and supply chain operations.The inauguration was attended by Sheikh Mohammed bin Hamad bin Faisal al-Thani, CEO, QFZ, and Patrick Moebel, President of FedEx Logistics, alongside senior executives from both parties. The opening of the centre comes within the framework of the existing partnership between QFZ and FedEx Logistics and based on the agreement signed between them in 2024.Operated by FedEx Logistics Qatar QFZ LLC, the 1,249sq m facility features integrated warehousing, storage, and office spaces. Plugged into the FedEx global network, it will serve as a key gateway for freight forwarding and scheduling, facilitating the movement of goods between major markets in Asia, Europe, and North America.Situated next to Hamad International Airport and close to Hamad Port, the facility offers seamless access to air transportation and freight, as well as access to knowledgeable guidance on customs brokerage processes.It will provide end-to-end supply chain solutions for industries, including retail, automotive, and technology.The facility supports Qatar’s rapidly expanding logistics sector valued at $10.14bn and projected to reach $13.49bn by 2030, with the country ranked seventh globally for logistics competence in the Agility Emerging Markets Logistics Index 2024.Sheikh Mohammed said: “We are proud to welcome FedEx Logistics to our thriving logistics ecosystem, home to four of the world’s top ten logistics providers.“The investment by FedEx underscores QFZ’s competitive advantages, world-class infrastructure, seamless logistics connectivity network, strategic geographical location close to the most prominent global markets, enhancing the ability of investing companies to reach large segments of consumers globally.“We are confident that this milestone will contribute to strengthening Qatar’s leadership as a global hub for innovation, logistics and international trade.”Moebel commented: “Establishing this facility in Qatar enables us to connect our Qatari and regional customers to major markets in Asia, Europe, the Middle East, Africa, and North America with greater speed and efficiency.“By integrating this location into the FedEx global network, we can deliver smarter, more reliable logistics solutions that help businesses grow and compete in today’s fast-moving global economy.”By boosting freight connectivity and enabling more efficient global supply chains, the FedEx Logistics facility will contribute to sustainable growth, private sector expansion, and enhanced global competitiveness.This aligns with the goals of Qatar National Vision 2030 and advances the Third National Development Strategy (NDS3), which identifies logistics as a key pillar of economic diversification.

Africa’s projected 2050 population implies that the continent’s energy supply needs will have to increase more than fourfold from current levels to meet minimum development standards, according to GECF.In a recent report, the Doha-headquartered Gas Exporting Countries Forum said that despite a threefold increase in Africa’s primary energy demand since 1982, per capita energy consumption has remained essentially stagnant.This stagnation, it said, is largely a demographic result of population growth, which has seen the continent’s population expand by nearly one billion people over the same period.As demographic pressures intensified, energy supply struggled to keep pace, resulting in a widening structural imbalance between available energy and societal demand.Today, Africa’s average per capita energy consumption stands at just one-third of the global average, reinforcing the continent’s persistent energy access deficit and highlighting the growing divergence in global energy equity.This imbalance is mirrored in poverty trends. According to World Bank estimates using the international poverty line of $2.15 per day (2017 PPP), Africa’s poverty headcount ratio was around 41% in 1982 and remained stubbornly high at a similar level by 2019.In stark contrast, China provides a compelling illustration of how expanding energy access can catalyse poverty reduction: from 1982 to 2015, China’s poverty headcount fell dramatically from 88% to 0.7%, driven in part by a six fold increase in per capita energy consumption.Looking ahead, Africa is poised to experience one of the most profound demographic shifts globally, with its population projected to grow by nearly one billion people by 2050.Reputable forecasts from leading energy institutions anticipate a sharp rise in energy demand across the continent, GECF noted.However, given current trajectories and systemic constraints, energy supply growth is unlikely to keep pace with population expansion.As a result, per capita energy consumption is commonly used as a proxy for energy access. It is not predicted to experience any meaningful increase by mid-century, and the absolute number of people living in energy poverty may rise further under these scenarios, exacerbating socioeconomic vulnerabilities of the continent and beyond.These concerning scenarios raise a fundamental question as to the level of energy demand necessary to address energy poverty and support human development in Africa effectively.Two complementary approaches help frame this question. First, examining international best practices, such as China’s integration of energy expansion with rapid industrialisation, job creation and poverty eradication, offers important lessons.Second, from a human development needs and economic empowerment perspective, multiple studies converge around a minimum per capita energy threshold of 50 to 100 GJ/year, below which human development is severely constrained.A widely cited benchmark is 70 GJ/person/year, which is aligned with an HDI greater than 0.8, deemed sufficient to meet essential needs such as nutrition, housing, mobility, education, and health.Applying this threshold to Africa’s projected 2050 population implies that energy supply would need to increase more than fourfold from current levels to meet minimum development standards.While Africa possesses a diverse endowment of energy and mineral resources, including natural gas and renewable energy, achieving this scale of supply expansion constitutes a monumental undertaking, one that will require massive infrastructure investment, scaled-up access to innovative and affordable finance, adoption of context-specific technological solutions, and predictable, efficient and coherent policy and regulatory frameworks.GECF noted the continent has already embarked on significant initiatives to address persistent energy access challenges. The African Union’s Agenda 2063—Africa’s “blueprint and master plan for transforming the continent into a global powerhouse of the future”—sets out a vision of inclusive and sustainable development, fostering unity, self-determination, and collective prosperity.Similarly, Mission 300, spearheaded by the World Bank Group and the African Development Bank (AfDB), commits to providing electricity access to 300mn people in Sub-Saharan Africa by 2030, a transformative step towards achieving universal energy access.